Sale to Industrial
KSD Software sold to Descartes
The Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX) announced on 2 May 2013 the acquisition of KSD Software Norway for a total consideration of NOK 190 million
NOK 190m - 2013

Strenghten Nordic presence

KSD Software is a leading Scandinavia-based provider of electronic customs filing solutions for countries in the EU, as well as Switzerland, Norway, Israel, US and Canada. KSD provides its customers with customs declaration, security filing, transportation management and freight forwarding technology solutions. KSD brings more than 1,300 customers to Descartes’ Global Logistic Network, with the majority of these companies based in Scandinavia.

Descartes is a listed, global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics intensive businesses. Descartes has over 146,000 parties using its cloud based services.

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